PTlim Ivomas Pratama Tbk (ISX:SIMP) Days Payable : 24.02 (As of Mar. 2024)

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What is PTlim Ivomas Pratama Tbk Days Payable?

PTlim Ivomas Pratama Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp768,452 Mil. PTlim Ivomas Pratama Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp2,919,742 Mil. Hence, PTlim Ivomas Pratama Tbk's Days Payable for the three months ended in Mar. 2024 was 24.02.

The historical rank and industry rank for PTlim Ivomas Pratama Tbk's Days Payable or its related term are showing as below:

ISX:SIMP' s Days Payable Range Over the Past 10 Years
Min: 17.74 Med: 25.49 Max: 28.47
Current: 25.31

During the past 13 years, PTlim Ivomas Pratama Tbk's highest Days Payable was 28.47. The lowest was 17.74. And the median was 25.49.

ISX:SIMP's Days Payable is ranked worse than
78.51% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs ISX:SIMP: 25.31

PTlim Ivomas Pratama Tbk's Days Payable declined from Mar. 2023 (26.81) to Mar. 2024 (24.02). It may suggest that PTlim Ivomas Pratama Tbk accelerated paying its suppliers.

PTlim Ivomas Pratama Tbk Days Payable Historical Data

The historical data trend for PTlim Ivomas Pratama Tbk's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PTlim Ivomas Pratama Tbk Days Payable Chart

PTlim Ivomas Pratama Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.99

26.68

19.37

25.49

27.59

PTlim Ivomas Pratama Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															26.81	27.64	25.94	25.88	24.02

Competitive Comparison of PTlim Ivomas Pratama Tbk's Days Payable

For the Packaged Foods subindustry, PTlim Ivomas Pratama Tbk's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PTlim Ivomas Pratama Tbk's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PTlim Ivomas Pratama Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PTlim Ivomas Pratama Tbk's Days Payable falls into.

PTlim Ivomas Pratama Tbk Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

PTlim Ivomas Pratama Tbk's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1081550	+	829795)	/	2 )	/	12644427	*	365
=	955672.5					/	12644427	*	365
=	27.59

PTlim Ivomas Pratama Tbk's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (829795	+	707108)	/	2 )	/	2919742	*	365 / 4
=	768451.5					/	2919742	*	365 / 4
=	24.02

PTlim Ivomas Pratama Tbk Days Payable Related Terms

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PTlim Ivomas Pratama Tbk (ISX:SIMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Salim Ivomas Pratama Tbk (ISX:SIMP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Sudirman Kav. 76-78, Sudirman Plaza, Indofood Tower, 11th Floor, Jakarta, IDN, 12910

Website

https://www.simp.co.id

PT Salim Ivomas Pratama Tbk is an agribusiness in Southeast Asia that focuses on cultivating and processing palm oil. It invests in oil palm seed breeding and the development of oil palm seedlings to raise various plantations. The company owns several mills to produce crude palm oil and other derivative products such as palm kernel. Products are transported to subsidiaries to manufacture and package edible oils and fats. Additionally, its plantations produce sugar, rubber, and other plant products for sale and distribution. Packaged goods are sold through national, regional, and local distributors, as well as through a direct sales method under the company's own brands. It operates in two segments: Plantations and Edible Oil and Fats.

PTlim Ivomas Pratama Tbk (ISX:SIMP) Headlines

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